Metals Prices Holding Up WellWith the exception of Palladium, where there are a lot of speculative money outflows. The broader market may top out, without actually crashing, while at the same time interest rates remain relatively low. International miners are flush with cash for the first time in years. This may not be a bad picture for exploration and mining in general. There was really no reason to invest in commodities while the S&P was knocking back huge gains. Why do that if you can just buy SPY and watch the money roll in? I don't know if traders could get used to 3 or 4% nominal returns with bonds. They may hide for awhile, take a breather, but they've grown accustomed to the high life. They may go retro here, and rediscover commodities. All those restless trillions sloshing around, looking for a sluiceway.